Articles from Jushi Holdings Inc.

BOCA RATON, Fla., May 02, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2025, after the market closes on Thursday, May 8, 2025.

BOCA RATON, Fla., April 23, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2025, after the market closes on Thursday, May 8, 2025.

BOCA RATON, Fla., March 19, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, is proud to announce the grand opening of Beyond Hello™ Warren, a state-of-the-art cannabis dispensary located at 2107 Elm Rd. NE, Warren, OH 44483. The Company concurrently announces the closing of its previously announced acquisitions of dispensaries in Toledo and Oxford. Beyond Hello Warren marks the fourth operating dispensary in Ohio that Jushi owns or has future rights to acquire, joining owned locations in Cincinnati, Toledo, and Oxford, further solidifying the Company’s footprint in the state’s growing cannabis market.

Full Year 2024 Net Loss of $48.8 Million Compared to Net Loss of $65.1 Million in 2023

BOCA RATON, Fla., Feb. 26, 2025 (GLOBE NEWSWIRE) -- James Cacioppo, Chief Executive Officer, Chairman, and Founder of Jushi Holdings Inc. (the "Company"), announced today that, on February 25, 2025, he acquired a warrant (the "Warrant") to purchase subordinate voting shares of the Company (the "Subordinate Voting Shares") pursuant to a private offering (the "Offering") of the Company consisting of the issuance of a US$3,719,000 12% second lien promissory note due 2026 and the Warrant. The Warrant entitles Mr. Cacioppo to acquire the number of Subordinate Voting Shares equal to US$2,789,250 divided by the Purchase Price (as defined below). The Warrant is exercisable from the date the Purchase Price is determined until 5:00 p.m. (Eastern Time) on February 25, 2030 at a price per Subordinate Voting Share (the "Purchase Price") equal to a fifty percent (50%) premium to the volume weighted average price of the Subordinate Voting Shares on the nationally recognized securities exchange in the United States or Canada (including the Canadian Securities Exchange) (the “Trading Market”) on which the Subordinate Voting Shares are then listed or quoted (as reported by Bloomberg) over the trailing twenty (20) trading day period ending on the second business day following the Company's public filing of its Annual Report on Form 10-K for the year ended December 31, 2024, and calculated to the extent the Trading Market on which the Subordinate Voting Shares are then listed or quoted as reported by Bloomberg is a Canadian Trading Market, in Canadian dollars and converted to United States dollars each day at the exchange rate applicable on that day published by the Bank of Canada, provided that in no event shall the Purchase Price be lower than US$0.45 or greater than US$0.50.

BOCA RATON, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2024, after the market closes on Thursday, March 6, 2025.

The Company retains the right to receive a portion of the interest on the factored ERC Refund Claims, if any. To date the Company has received approximately US$1.3 million, including interest, from the United States Internal Revenue Service with respect to approved ERC Refund Claims.

BOCA RATON, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, made the following statement regarding the inclusion of adult use cannabis in Pennsylvania Governor Josh Shapiro’s annual budget proposal and address.

Maintained Robust Gross Profit Margin of 45.4% Through Operational Efficiency and Strategic Growth in Key Markets

BOCA RATON, Florida, Oct. 23, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the third quarter ended September 30, 2024, after the market closes on Thursday, November 7, 2024.

BOCA RATON, Fla., Sept. 17, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, is pleased to announce that pursuant to the option replacement program previously announced on August 14, 2024, its board of directors has approved 5,385,000 replacement options for Jim Cacioppo, the Company’s Chairman and Chief Executive Officer, 2,383,000 replacement options to other executive officers of the Company, and 394,758 replacement options to the Company’s non-employee directors.   Jushi’s board of directors has also approved 300,000 options for issuance to Michelle Mosier, the Company’s Chief Financial Officer.

BOCA RATON, Fla., Aug. 14, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, is pleased to announce that its board of directors has approved an option replacement program with respect to certain options to acquire subordinate voting shares of the Company (collectively, the “Subject Options”) previously issued to six senior management employees and four independent directors (collectively, the “Eligible Participants”) under the Company’s 2019 Equity Incentive Plan (as amended, the "Option Plan").

Margin Growth with Gross Profit and Gross Margin Reaching $32.6 Million and 50.4%, Respectively

New Term Loan Refinances Existing 1st Lien Senior Secured Credit Facility

BOCA RATON, Fla., July 24, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the second quarter ended June 30, 2024, after the market closes on Wednesday, August 7, 2024.

BOCA RATON, Fla., June 04, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Corporation”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, announced the voting results of the annual general meeting (the “Meeting”) of shareholders of the Corporation (“Shareholders”) that was held today as follows:

Expanded Gross Profit Margin to 49.4% Following Strong Execution of Operational Improvement Plan

BOCA RATON, Fla., April 25, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2024, after the market closes on Thursday, May 9, 2024.

Experienced Cannabis Executive to lead continued grower processor facilities optimization and enhance organization-wide collaboration

Maintained Strong Gross Profit Margin of 40.2% in Q4 2023 and 43.1% for FY 2023

BOCA RATON, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2023, after the market closes on Wednesday, March 13, 2024.

BOCA RATON, Fla., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, made the following statement regarding the inclusion of an adult-use cannabis policy in Pennsylvania Governor Josh Shapiro’s annual budget proposal and address.

Gross Profit Margin Remained Steady in Q3 2023 at 43.6% on Continued Growth of Jushi-Branded Product Sales

BOCA RATON, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the third quarter ended September 30, 2023, after the market closes on Tuesday, November 14, 2023.

Gross Profit of $30.6 Million, Representing an Improvement of $3.9 Million YoY, Gross Profit Margin of 46.0%

BOCA RATON, Fla., July 28, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the second quarter ended June 30, 2023, before the market opens on Friday, August 11, 2023.

BOCA RATON, Fla., July 06, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced its support for Senate Bill 846, which was introduced by Sens. Dan Laughlin (R-49) and Sharif Street (D-3) today, and would legalize cannabis for adults 21 years and older. Pennsylvanians are encouraged to have their voices heard by contacting their elected officials via pennadultuse.com.

BOCA RATON, Fla., June 30, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced today that it has completed the amendments (the “Amendments”) to the Company’s 12% Second Lien Notes (the “Notes”) and detached warrants expiring December 7, 2026 (the “Warrants”) previously disclosed in the Company’s press release dated June 6, 2023. The Company entered into definitive documentation evidencing the Amendments with the trustee to amend the trust indenture (with respect to the Notes) and with the collateral agent to amend the warrants (with respect to the Warrants).

BOCA RATON, Fla., June 06, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced today that the requisite holders have consented to certain amendments (the “Amendments”) to the Company’s 12% Second Lien Notes (the “Notes”) and detached warrants expiring December 6, 2026 (the “Warrants”). The Notes and Warrants were originally issued in connection with the Company's previously announced debt financing of approximately US$73.5 million aggregate principal amount of Notes which initially closed December 2022 (see the press release of the Company dated December 8, 2022 for additional details).

Total Revenue of $69.9 Million, an increase of 12.9% YoY

BOCA RATON, Fla., April 27, 2023 (GLOBE NEWSWIRE) --  Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the first quarter ended March 31, 2023, before the market opens on Friday, May 12, 2023.

BOCA RATON, Fla., April 18, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced support and appreciation for the Virginia General Assembly’s passage of medical cannabis and cannabinoid product-related bills amended by Governor Glenn Youngkin.

Capital infusion bolsters balance sheet for 2023 growth initiatives

Q4 2022 Revenue Increased 16.6% YoY to $76.8 million and FY 2022 Revenue Increased 35.8% to a Record $284.3 million

BOCA RATON, Fla., March 24, 2023 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2022, before the market opens on Friday, March 31, 2023.

Appoints veteran CFO with extensive CPG and global manufacturing expertise

Sèchè Pre-Roll Singles, Tasteology Fruit Chews and The Lab Vapes Bring California Consumers High-Quality, Value-Added Cannabis Products

An Additional US$2 Million in Subscriptions Pending Close

HERGISWIL, Switzerland, Dec. 09, 2022 (GLOBE NEWSWIRE) -- Denis Arsenault (the "Acquiror"), located at Rue Sonnhaldenstrasse, 1A, Hergiswil Switzerland, 6052, announced today that on December 7, 2022, he acquired 3,452,595 warrants (the "Warrants") of Jushi Holdings Inc. (the “Issuer”) pursuant to a private offering (the "Offering") of the Issuer consisting of the issuance of 12% second lien notes and Warrants. Each Warrant entitles the Acquiror to acquire one subordinate voting share of the Issuer (the "Subordinate Voting Shares") at a price of US$2.086 until December 7, 2026.

Second Annual “Cannabis Consumer Insights Holiday Poll” Reveals Cannabis Consumption Remains Resilient Despite a Majority of Consumers Struggling with Inflation

Additional US$5 million in Subscriptions to Close at a Later Date

BOCA RATON, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Jushi’s management will participate in the following upcoming conferences:

$68 Million of Binding Subscription Commitments Received to Date

Year-over-Year Revenue Growth of 34.9% to $72.8 millionStrong Retail Performance and Patient Expansion in Virginia with 48.4% Sequential Increase in Retail Sales in the Commonwealth

BOCA RATON, Fla., Nov. 09, 2022 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCMKTS: JUSHF), a vertically integrated, multi-state cannabis operator, issued a statement on the gubernatorial race in the Commonwealth of Pennsylvania.

BOCA RATON, Fla., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Jushi’s management will participate in the following upcoming conferences and events:

BOCA RATON, Fla., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that it expects to report its financial results for the third quarter ended September 30, 2022, before the market opens on Monday, November 14, 2022.

Made with the Finest Real Fruit Purées by Ponthier and Crafted by Five-Star Chef — Innovative Vegan, Gluten-Free Chews Available in New Sustainable Tarot Card-Themed Packaging

Collaboration to Bring Sustainable Sources of Water to Those Living Without It in Gambia, India, Malawi, Senegal, South Sudan, and Uganda

Bill Wafford, Seasoned Finance Executive and Former JCPenney CFO, to Serve as Independent Director and Chair of the Audit Committee

BOCA RATON, Fla., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Jushi Holdings Inc. (“Jushi” or the “Company”) (CSE: JUSH) (OTCQX: JUSHF), a vertically integrated, multi-state cannabis operator, announced that Michael Perlman, EVP of Investor Relations, will participate in A.G.P.’s Virtual Fall Consumer Cannabis Conference being held on October 4, 2022. Mr. Perlman will host one-on-one and group investor meetings throughout the day.